16 January 2018
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"This will hopefully lead the market in making sure payouts are not only made fairly but also promptly" - LifeSearch's Emma Thomson
British Friendly is trialling 'Immediate Support Payment' for claims received on income protection policies that have been in force for at least three months.
The friendly society said it would begin payment of the weekly benefit amount at the end of the deferred period, whether the supporting medical evidence had been received or not, "subject to eligibility...
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